Anchor Pointe Wealth Management LLC Purchases New Shares in iShares National Muni Bond ETF (NYSEARCA:MUB)

Anchor Pointe Wealth Management LLC purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,060 shares of the exchange traded fund’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MUB. Bank of America Corp DE raised its position in shares of iShares National Muni Bond ETF by 20.7% in the fourth quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after buying an additional 5,297,542 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares National Muni Bond ETF by 5.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock worth $2,169,207,000 after acquiring an additional 1,138,987 shares during the last quarter. Betterment LLC raised its holdings in shares of iShares National Muni Bond ETF by 8.1% during the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock worth $1,945,417,000 after acquiring an additional 1,371,663 shares during the period. Wells Fargo & Company MN boosted its position in shares of iShares National Muni Bond ETF by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock valued at $1,130,085,000 after acquiring an additional 1,608,092 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares National Muni Bond ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,105,962 shares of the exchange traded fund’s stock valued at $1,076,790,000 after purchasing an additional 407,750 shares during the period.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $104.07 on Wednesday. The company has a 50-day moving average price of $104.14 and a 200 day moving average price of $105.91. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.81.

iShares National Muni Bond ETF Company Profile

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index).